Corrigendum: Bid Security Procedure for LG&CD Civil Division Gujrat Tender

Issuer: Executive Engineer, LG&CD Civil Division Works Gujrat. This corrigendum updates conditions 4 and 5 of the previously published tender notice regarding acceptable bid security and transmission method.

Updated Condition 4 — Bid Security: Bidders shall submit Bid Security equal to 5% of the estimated cost only through a Digital Bank Guarantee (e-Bank Guarantee) or 1Link payment method via the Punjab e-Procurement System. The bidder shall generate the PSID from the e-Procurement Portal and arrange for its scheduled bank to issue and transmit the Digital Bank Guarantee through SWIFT MT760 / 1link payment method in favour of the Executive Engineer LG&CD Civil Division Gujrat. Physical bid securities (CDR, Pay Order, Demand Draft, etc.) shall not be accepted. Bids without a valid Digital Bank Guarantee or online payment shall be rejected.

Updated Condition 5 — Transmission: Ensure that the issuing bank transmits the Bank Guarantee through SWIFT MT760 / 1link payment to the designated advising bank with the correct Tender Reference Number and PSID.

Note: Other terms and conditions remain the same as already published in the newspapers and on the PPRA website for LG&CD Department, Civil Division Gujrat.